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Assistant Professor of Finance and Business Economics
University of Southern California
Los Angeles, CA, 90089
Tel (Office): (213) 821 9887
Email: miao.zhang@marshall.usc.edu
Curriculum Vitae | Google Scholar Page

My recent work focuses on a labor-task-based approach towards asset pricing and political economy.

Published Full Papers

Labor-Technology Substitution: Implications for Asset Pricing
WFA Cubist Systematic Strategies PhD Candidate Award for Outstanding Research
Journal of Finance, Forthcoming
Appendix | Slides

Local Risk, Local Factors, and Asset Prices
(with Selale Tuzel )
Journal of Finance, 2017, 72(1), 325-370
Data (MSA Beta) | Appendix | Slides

Suitability Check and Household Investments in Structured Products
(with Eric Chang and Dragon Tang )
Journal of Financial and Quantitative Analysis, 2015, 50(3), 597-622
Appendix

Working Papers

Economic Stimulus at the Expense of Routine-Task Jobs
(with Selale Tuzel )
~AFA, WFA, Mitsui Finance Symposium, Minnesota Macro-Asset Pricing Conference, CICF, LA Finance Day, CSEF Conference on Finance, Labor and Inequality
Slides

Trading Up and the Skill Premium
(with Nir Jaimovich, Sergio Rebelo, and Arlene Wong )
~NBER Annual Conference on Macroeconomics 2019

Measuring Regulation
(with Michael Simkovic )
~NBER Summer Institute Law and Economics 2019
~American Law and Economics Association Annual Meeting (NYU) 2019